Home Budget, Economy Mark Warner: Financial Reform Bill is “Just Right for the American People”

Mark Warner: Financial Reform Bill is “Just Right for the American People”

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Mark Warner: “It was a little like the Goldilocks example yesterday; some guys saying this bill’s too soft on the banks, we had other folks saying this bill’s too hard on the banks, so maybe it’s just right for the American people because it kind of makes both ends a little bit upset.”

UPDATE 2:55 pm: The Senate just voted, 60-40, for cloture on the financial reform bill.  Three Republicans – Scott Brown, Olympia Snowe and Susan Collins – voted yes, while two Democrats – Maria Cantwell and Russ Feingold – voted no.

UPDATE 9:02 pm: Financial reform passes, 69-39, in another major victory for President Obama. This guy’s quickly becoming LBJ in terms of legislation passed and signed!